Kenneth Griffin, a hedge fund billionaire, set a record last month when he paid $239,958,219.15 for a 24,000-square-foot penthouse on Central Park South, making it the most expensive home in the United States.
That amount of money could pay a year’s worth of rent on 6,254 apartments in Manhattan, at last December’s median rent of $3,197 a month. Or it could buy 973 homes, at the current American median sale price of $246,500.
What else is worth about $240 million?
The Hope Diamond, for one, considered priceless by its caretakers at the Smithsonian Institution, but reportedly insured for $250 million. Or the gross domestic product of the Marshall Islands, which was $230 million in 2018, according to the International Monetary Fund. Here are some other big-ticket items in the same ballpark.
Published at Fri, 01 Feb 2019 09:55:03 +0000